One-to-one means that products must be sold to specific customers, such as futures company Q and product P, and sold to local tyrants T.

But there are few local tyrants after all.

The fund is one-to-many Fund company J issues PP, which can be sold to unspecified objects, such as a community 1000 aunts.

Although aunt has less money, she is better than many people. She can buy all the gold in Hong Kong.

The channel of borrowing special accounts is mainly the way of borrowing funds, because funds can issue one-to-many products, which are attractive and have strong fundraising ability, and are not subject to one-to-one restrictions in supervision. Futures companies participate in partnerships, fund issuance products, futures company transactions, and bank custody. In fact, the fund and the futures company jointly contribute, and the bank guarantees the income through drought and flood.